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Benzinga's Top Upgrades, Downgrades For October 8, 2018

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Top Upgrades

  • Barclays upgraded General Electric Company (NYSE: GE) from Equal-Weight to Overweight. GE shares rose 2 percent to $13.44 in pre-market trading.
  • Wells Fargo upgraded CenterPoint Energy, Inc. (NYSE: CNP) from Market Perform to Outperform. CenterPoint shares rose 1.65 percent to close at $27.73 on Friday.
  • Cowen & Co. upgraded Movado Group, Inc (NYSE: MOV) from Market Perform to Outperform. Movado shares rose 1.88 percent to $40.05 in pre-market trading.
  • Keefe Bruyette & Woods upgraded Access National Corporation (NASDAQ: ANCX) from Market Perform to Outperform. Access National shares rose 6.71 percent to close at $28.63 on Friday.
  • UBS upgraded Conagra Brands Inc (NYSE: CAG) from Neutral to Buy. Conagra shares rose 0.15 percent to close at $33.59 on Friday.
  • JP Morgan upgraded Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) from Neutral to Overweight. Petrobras shares rose 14 percent to $15.86 in pre-market trading.
  • BTIG Research upgraded On Deck Capital Inc (NYSE: ONDK) from Sell to Neutral. On Deck Capital shares rose 3.87 percent to $7.24 in pre-market trading.
  • Credit Suisse upgraded Willis Towers Watson PLC (NASDAQ: WLTW) from Neutral to Outperform. Willis Towers Watson shares fell 0.64 percent to close at $141.75 on Friday.

 

Top Downgrades

  • Jefferies downgraded Vodafone Group Plc (NASDAQ: VOD) from Buy to Hold. Vodafone shares fell 2.8 percent to $20.49 in pre-market trading.
  • JMP Securities downgraded Taylor Morrison Home Corp (NYSE: TMHC) from Market Outperform to Market Perform. Taylor Morrison Home shares fell 0.46 percent to close at $17.46 on Friday.
  • Piper Jaffray downgraded iRobot Corporation (NASDAQ: IRBT) from Overweight to Neutral. iRobot shares fell 2.89 percent to $103.00 in pre-market trading.
  • Goldman Sachs downgraded Kimberly Clark Corp (NYSE: KMB) from Buy to Neutral. Kimberly-Clark shares rose 0.92 percent to close at $113.45 on Friday.
  • Bank of America downgraded Novo Nordisk A/S (NYSE: NVO) from Buy to Neutral. Novo Nordisk shares fell 2.98 percent to $42.65 in pre-market trading.
  • BTIG Research downgraded Cogent Communications Holdings Inc (NASDAQ: CCOI) from Buy to Neutral. Cogent Communications shares fell 0.76 percent to close at $55.03 on Friday.
  • Baird downgraded Jeld-Wen Holding Inc (NYSE: JELD) from Outperform to Neutral. JELD-WEN shares fell 0.86 percent to close at $24.09 on Friday.
  • William Blair downgraded Beacon Roofing Supply, Inc. (NASDAQ: BECN) from Outperform to Market Perform. Beacon Roofing Supply shares fell 1.2 percent to $32.94 in pre-market trading.

 

Top Initiations

  • Analysts at RBC Capital initiated coverage on Penumbra Inc (NYSE: PEN) with an Outperform rating. The price target for Penumbra is set to $174. Penumbra shares closed at $135.32 on Friday.
  • Barclays initiated coverage on Huntsman Corporation (NYSE: HUN) with an Underweight rating. The price target for Huntsman is set to $29. Huntsman shares closed at $26.24 on Friday.
  • Analysts at Goldman Sachs initiated coverage on Nio Inc - ADR (NYSE: NIO) with a Neutral rating. Nio shares closed at $6.26 on Friday.
  • Barclays initiated coverage on Westlake Chemical Corporation (NYSE: WLK) with an Overweight rating. The price target for Westlake Chemical is set to $100. Westlake Chemical shares closed at $81.65 on Friday.
  • RBC Capital initiated coverage on Addus Homecare Corporation (NASDAQ: ADUS) with an Outperform rating. The price target for Addus Homecare is set to $81. Addus Homecare shares closed at $65.05 on Friday.
  • Jefferies initiated coverage on IQIYI Inc (NASDAQ: IQ) with a Buy rating. The price target for IQIYI is set to $33. IQIYI shares closed at $25.49 on Friday.
  • Barclays initiated Cabot Corp (NYSE: CBT) with an Overweight rating. The price target for Cabot is set to $76. Cabot shares closed at $63.76 on Friday.

Posted-In: Initiations top upgradesUpgrades Downgrades Initiation Pre-Market Outlook Analyst Ratings

 

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